Nasdaq's net tumbled by 57% in 2nd quarter

Article Abstract:

Nasdaq Stock Market posted a decline of 57% in its net income for the 2001 second-quarter. The exchange posted $19.6 million (21.48 million euros) in net income for the period.

Sales, profits & dividends, Securities Exchanges, Finance, Securities industry, The Nasdaq Stock Market Inc.

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Some take hard look at NYSE chief's pay

Article Abstract:

New York Stock Exchange's chief executive, Dick Grasso, is having his pay package reviewed by the exchange's directors. Grasso could have his multimillion-dollar pay package lowered. Other directors are studying the broader disclosure of executives' compensation.

Executive changes & profiles, Personnel administration, New York, New York Stock Exchange, Officials and employees, Compensation and benefits, Stock-exchange, Executives, Executive compensation, Chief executive officers, Grasso, Richard

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How Fidelity's trading chief pinches pennies on Wall Street Mr. DeSano forces brokers to swallow tiny margins, shifting balance of power; raising a ruckus at the NYSE

Article Abstract:

Scott DeSano, Fidelity Investments' head of stock trading, has cut the cost of trading for Fidelity to half the industry average.

Management dynamics, Management investment, open-end, Methods, Management, Mutual fund industry, Company business management, Fidelity Investments, DeSano, Scott

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